IFSC Code: Idib000r089

Bank: Indian Bank
IFSC Code: Idib000r089
Address: 1, Main Road, Rayapalayam, Nasianur Post, Erode, Tamil Nadu, Pin - 638107
City: Erode
District: Nasianur
State: Tamil Nadu

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Idib000r089.

  • In our case IFSC code's first four characters Idib represents bank Indian Bank.
  • Remaining characters which are 000r089 represents branch. In our case branch is located at address 1, Main Road, Rayapalayam, Nasianur Post, Erode, Tamil Nadu, Pin - 638107.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.